CRT Stock Summary and Trading Ideas (Cross Timbers Royalty Trust | NYSE:CRT)

Cross Timbers Royalty Trust is a United States based trust. Its principal asset is the net profits interests. The net profits interests are derived from producing royalty, overriding royalty interests, and working interests properties. The underlying properties of the trust include producing properties in Texas, Oklahoma, and New Mexico.

Cross Timbers Royalty Trust trades on the NYSE stock market under the symbol CRT.

As of December 13, 2024, CRT stock price declined to $10.11 with 32,059 million shares trading.

CRT has a beta of -0.16, meaning it tends to be less sensitive to market movements. CRT has a correlation of 0.00 to the broad based SPY ETF.

CRT has a market cap of $60.66 million. This is considered a Micro Cap stock.

In the last 3 years, CRT traded as high as $30.40 and as low as $8.88.

CRT has underperformed the market in the last year with a price return of -38.0% while the SPY ETF gained +29.9%. However, in the short term, CRT had mixed performance relative to the market. It has outperformed in the last 3 months, returning +12.0% vs +7.8% return in SPY. But in the last 2 weeks, CRT shares have been beat by the market, returning -7.6% compared to an SPY return of +0.3%.

CRT support price is $9.87 and resistance is $10.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CRT shares will trade within this expected range on the day.